Details of Supreme Court Upholding PPACA
On June 28, 2012, the United States Supreme Court largely upheld the Patient Protection and Affordable Care Act (PPACA or Act) as a valid application of Congress’ power to levy and collect taxes. The decision affirms the constitutionality of the Individual Mandate and limits the Medicaid expansion provision. For a brief overview of the Court’s ruling, click here.
Since the inception of PPACA, together, we have been navigating our way through the hurdles of health care reform and preparing for the changes that are yet to come.
Even today as the ruling was announced, our senior leadership was participating in multiple meetings around the country with various carrier partner leaders. We worked on behalf of our broker partners to plan, no matter the outcome, to stand at the front of the pack with the necessary solutions to support you in this historic transition.
With the courts’ decision to further tie taxes and health benefits together, we are feeling even more confident in our strategic decision to support each of you in providing your clients with total employee benefit solutions in the coming years. We know that they will look to you, their trusted advisors, to guide them through this maze of regulatory changes.
Despite continued political discussions in Washington, D.C., know that we will continue to support you and your clients as the next generation of health care in America continues to evolve. Over the next few weeks we will keep you apprised as legal experts and others interpret the Supreme Court ruling and ensure that you have the information you and your clients need.
For a more detailed examination of the ruling, please click here to view the breakdown of the various components of the Supreme Court's decision and BenefitMall’s actions moving forward.
Please visit www.HealthcareExchange.com for blog posts, polls, surveys and numerous resources, or you may visit www.benefitmall.com to view past Legislative Alerts.
Sincerely,
Michael Gomes
Executive Vice President
The views expressed in this post do not necessarily reflect the official policy, position, or opinions of BenefitMall. This update is provided for informational purposes. Please consult with a licensed accountant or attorney regarding any legal and tax matters discussed herein.